On January 10, 2018, the Boards of Directors of Community Bancorp. unanimously appointed David Laforce, age 45, to the Boards of Directors of the company. Mr. Laforce will fill the vacancy created by the recent resignation of director Patrick Malone, with a term expiring at the Company’s 2019 Annual Meeting of Shareholders. Mr. Malone has been appointed to serve on the Compensation Committee of the Company’s Board. Mr. Laforce owns and operates Built by Newport, a wood furniture and component manufacturing company that has been family owned since the 1960s.